The Rankin Group Family Office Information
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Family Office Services

 

Family Office Specialization

We are unique as an executive search firm because we have an impressive and long-term track record working with wealthy families and private investors. We provide an integrated consulting process that helps our clients and candidates invest wisely. Recruiting for family offices or closely held companies is very different from recruiting for corporations. It requires insight and understanding of the intricacies and special needs of the family members in order to meet expectations and reach a successful conclusion. Family dynamics play a major role in the success of the search and the candidate.

The family office ensures that the family remains a viable and wealthy entity. Today, the family office does more than wealth preservation; it operates as a source of wealth creation and risk management. Many family offices have become the family business. Consequently, greater emphasis is being placed on succession planning and education of future generations. In order to meet the challenges of wealth management in a family office setting, the family office staff must consist of individuals who have the patience, discipline and insight to handle the family issues, as well as the investment management, trust and tax aspects of the job.

Recruiting executives for family businesses requires insight into the family dynamics that impact the management of that business and the uniqueness of those relationships.

Executive Search and
Management Counsel

We work in partnership with our clients to present ideal candidates in a timely manner, relieving them of much of the search burden. Our commitment to building consensus prior to initiating the search leads to the identification and hiring of individuals with the personal and professional characteristics needed for a successful, long-term relationship in that family

environment. Our customized search process involves collaborative efforts focused on risk management for your investment in your human resources. We tailor each search to the needs of the family client, which means that each search offers different approaches to the pre and post search consulting. We are committed to helping family members identify their individual and joint interests in order to set realistic expectations for the family office and its staff.

In addition, we employ a personal profiling system that analyzes the finalist candidates' behavioral style, values and attitudes -- that is, the person's manner of doing things and why. This evaluation helps the family and the candidate to understand the attributes they bring to the job, and how they will fit into the current environment. We profile the family members and/or existing family office staff to determine which candidate behavioral styles will be most compatible with these individuals.

Throughout the search process, we will work closely with you to insure that both you and the candidate are making the best decision. We will provide counsel on compensation and other human resources issues. Once the candidate is on board, we will work with you to insure a smooth orientation and act as an ongoing resource for your human resource needs.

Over Two Decades of Experience

Our strength is the knowledge, insight, and judgment we bring to each assignment. This is based on over 25 years of experience. The Rankin Group's reputation of working with family clients is built on our ability to guide family members through a meaningful process that results in making the right decisions about staffing and related human resource issues. We provide in-depth knowledge of the wealth management business, an extensive candidate and referral network, intensive candidate screening and evaluation, personal attention by a principal of the firm, and complete confidentiality and discretion.

 


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Three out of every four assignments are with repeat clients. We must be doing something right.


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